Whether a cross-price elasticity of demand is positive or negative indicates whether the:
A. goods are substitutes or complements.
B. elasticity is reported in absolute value.
C. good's demand is elastic or inelastic.
D. good is a luxury or a necessity.
A. goods are substitutes or complements.
Economics
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The rapid adoption of Basic Oxygen Furnaces by "Big Steel" (the top six firms) kept the American basic steel industry from falling behind changes in world technology during the 1960s
Indicate whether the statement is true or false
Economics
The following is NOT an example of a potential monitoring solution to moral hazard
a. a pre-hire typing test for clerical employees b. closed circuit TVs throughout a warehouse c. GPS tracking devices in repair trucks d. listening in on call center conversations
Economics